The ambassador of Peruvian cuisine will deliver the Cátedra Enrique Iglesias of Culture and Development on May 21, 2019.
The Inter-American Development Bank (IDB) announced today that the chef Gastón Acurio was recognized with the Cátedra Enrique V. Iglesias of Culture and Development. This award was created by the organization to distinguish those who have excelled in their work of promoting the progress of Latin America and the Caribbean through the arts and culture.

The transaction pays an annual coupon of 1.250% and matures on 15 December 2025. It priced with a spread of 40 basis points over the 2.000% UKT due September 2025, which represents a reoffer yield of 1.305% annually.
The strength of investor demand allowed IDB to both tighten re-offer pricing as well as up-size the transaction. The final size of the deal matched IDB’s previous largest GBP-denominated syndicated transaction, and the pricing is the tightest Gilt spread achieved in 2019 for an SSA GBP-denominated benchmark maturing in 2025.

In its second edition, the call for proposals will be open from March 4th to May 17th, 2019.
The Superheroes of Development Award will recognize executing agencies of IDB-financed projects that have successfully addressed challenges during its implementation. The contest will identify eight finalists from across Latin America and the Caribbean who will travel to IDB’s Headquarters in Washington, D.C. to present their solutions.

Standard & Poor’s has affirmed the Inter-American Development Bank’s ‘AAA’ long-term and ‘A-1+’ short-term issuer credit rating with a stable outlook. Also, following a review under the revised criteria for multilateral lending institutions, the IDB’s stand-alone credit profile was upgraded from ‘aa+’ to ‘aaa’, due to its extremely strong enterprise risk profile and very strong financial risk profile.

The IDB and the Mastercard Center for Inclusive Growth launch a new Resource Center for Digital Transport
WASHINGTON, D.C. – A new Resource Center for Digital Urban Transport in Latin America has been founded, with the support of the Inter-American Development Bank and the Mastercard Center for Inclusive Growth.

1,166 FINTECH VENTURES HAVE BEEN IDENTIFIED, AN INCREASE OF 66 PERCENT COMPARED TO 2017
The report Fintech en América Latina 2018: crecimiento y consolidación (Fintech in Latin America 2018: Growth and Consolidation), published today by the Inter-American Development Bank and Finnovista, identified 1,166 financial technology startups (Fintech), a rise of 66% since the first study published by the two organizations in 2017.

US$ 85.6 million programme will fund geothermal power and institutional capacity projects in five Eastern Caribbean nations
The Sustainable Energy Facility for the Eastern Caribbean (SEF-Expanded) is designed to reduce the financial, technical, and institutional barriers to geothermal energy development in five Eastern Caribbean nations. It will also aid in institutional strengthening and capacity building for those five governments and in partnering with the Caribbean Development Bank (CDB).

Young people in Latin America and the Caribbean have weak cognitive skills but their socio-emotional abilities are strong, according to the study “Millennials in Latin America and the Caribbean: to work or to study?”
The report, which is the result of research drawing on more than 15,000 people in nine countries, also found a high level of optimism and aspiration in this new generation of workers.
Young people in Latin America and the Caribbean have great potential but it could end u